KCM Investment Advisors LLC Reduces Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

KCM Investment Advisors LLC reduced its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 47.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,255 shares of the exchange traded fund’s stock after selling 1,141 shares during the period. KCM Investment Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $232,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Greenwood Gearhart Inc. increased its holdings in iShares Russell 1000 Value ETF by 1.7% during the 3rd quarter. Greenwood Gearhart Inc. now owns 3,212 shares of the exchange traded fund’s stock valued at $610,000 after purchasing an additional 54 shares during the period. Signature Wealth Management Partners LLC increased its stake in shares of iShares Russell 1000 Value ETF by 4.7% during the fourth quarter. Signature Wealth Management Partners LLC now owns 1,223 shares of the exchange traded fund’s stock valued at $226,000 after buying an additional 55 shares during the period. PBMares Wealth Management LLC raised its holdings in shares of iShares Russell 1000 Value ETF by 2.4% during the fourth quarter. PBMares Wealth Management LLC now owns 2,378 shares of the exchange traded fund’s stock valued at $440,000 after acquiring an additional 55 shares in the last quarter. Bedel Financial Consulting Inc. lifted its stake in iShares Russell 1000 Value ETF by 1.3% in the fourth quarter. Bedel Financial Consulting Inc. now owns 4,404 shares of the exchange traded fund’s stock worth $856,000 after acquiring an additional 57 shares during the period. Finally, Global Trust Asset Management LLC boosted its holdings in iShares Russell 1000 Value ETF by 3.0% in the fourth quarter. Global Trust Asset Management LLC now owns 2,257 shares of the exchange traded fund’s stock valued at $418,000 after acquiring an additional 66 shares in the last quarter.

iShares Russell 1000 Value ETF Trading Down 6.1 %

Shares of iShares Russell 1000 Value ETF stock opened at $170.39 on Monday. The company’s fifty day simple moving average is $190.40 and its two-hundred day simple moving average is $190.76. iShares Russell 1000 Value ETF has a 12-month low of $164.10 and a 12-month high of $200.42. The company has a market cap of $56.03 billion, a P/E ratio of 19.48 and a beta of 0.90.

About iShares Russell 1000 Value ETF

iShares Russell 1000 Value ETF (the Fund), formerly iShares Russell 1000 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the large capitalization value sector of the U.S. equity market, as represented by the Russell 1000 Value Index (the Index).